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Board Assessments

BoardCompass® gives board members the opportunity to critically assess their overall performance. Members use this tool to gauge the board's performance against The Governance Institute’s comparative database of hospitals and health systems. The assessment process provides a basis for board education and planning and is the first step toward optimal board performance. Click on the links below for more information on each assessment.

BoardCompass® gives board members the opportunity to critically assess their overall performance. Members use this tool to gauge the board's performance against The Governance Institute’s comparative database of hospitals and health systems. The assessment process provides a basis for board education and planning and is the first step toward optimal board performance.

To create an updated assessment that reflects today’s governance challenges, we performed an extensive environmental scan of national governance practices, collaborated with The Governance Institute’s advisors, and examined the recommended practices and standards set by multiple industry sources including, but not limited to, Baldrige Award recipients, The Joint Commission, the Internal Revenue Service, and Moody’s Investors Service. We trust that this updated tool will lend itself to our member organizations’ improved governance development as a thoughtful driver of change and a catalyst for action.

The updates we made include:

Providing a single 59-question assessment, which enriches the national average benchmark and provides a simplified process for survey users

Adding two open-ended questions and valuable anecdotal information

Updating survey items that reflect current recommendations for governance responsibilities/legal expectations of boards and board members

Your board’s results compared item by item, by category, and by overall rating with our national database

The Governance Institute’s Elements of Governance® Board Self-Assessment: A Core Responsibility publication for aiding board chairs, CEOs, governance committees, and other governance leaders in interpretation of the assessment results, presentation of the results to the board, and developing an action plan for improving the board’s performance and ensuring ongoing effectiveness

A one-hour consultation of the results included in your membership with a Governance Institute expert

If you would like more information about The Governance Institute’s Board Self-Assessments, contact your Account Manager or call (877) 712-8778.

The first of their kind, The Governance Institute’s new committee assessments are comprised of a variety of items asking how effectively your organization’s board committees observe recommended practices and is designed to measure how well your committee performs in select recommended practice areas. These assessments are a benefit of membership with The Governance Institute and are intended to assess how the committee perceives its overall performance as a whole.

High-performing committees are a powerful tool for ensuring that critical governance activities are consistently addressed and given the focus they need. Committees do not replace the work of the board, but rather aid the full board in fulfilling its responsibilities in a more efficient, manageable way. Assessing your committee’s performance will help you better understand areas of strength and weakness, develop an action plan for performance improvement, track improvement goals, and therefore enhance committee and board performance.

The Governance Institute designed nine, unique committee assessments for the most commonly occurring committees based on its findings in its Biennial Survey of Hospitals and Healthcare Systems:

Finance Committee

Audit Committee

Finance & Audit Committee

Quality Committee

Strategy Committee

Executive Committee

Executive Compensation Committee

Executive & Executive Compensation Committee

Governance Committee

The committee assessments’ structure consists of:

A set of general governance items applicable to any committee and across your organization’s committees

A set of committee-specific items for each of the nine committee assessments

This design enables your organization’s board committees to learn from each other as well as individually assess their performance on The Governance Institute’s industry-leading recommended committee practices. When your organization receives the results, the committees will be able to compare and cross-pollinate their strengths across all of the board’s committees for improved governance development and performance.

If you would like more information about The Governance Institute’s Committee Self-Assessments, contact your Account Manager or call (877) 712-8778.

By completing The Governance Institute’s Individual Board Member Assessment, you have committed to a thoughtful review of your work as a board member. The items that comprise the assessment have been structured to reliably measure the performance of the members of your board. This report presents the assessment findings, representing how you, and your fellow board members, perceive your performance as a board member.

One or more of the recommended expectations may not be applicable to your organization—depending on your board culture and operations. The findings included in this report are intended to serve as a conversation aid when discussing your board performance with the appropriate party at your organization.

How This Report Is Organized

This report is organized into three primary sections:

Recommended board member expectations

Open-ended board performance questions

Self-evaluation questions

If you would like more information about The Governance Institute’s Individual Board Member Assessment, contact your Account Manager or call (877) 712-8778.

By completing The Governance Institute’s Physician Group Practice Assessment, you have committed to a thoughtful review of your work as a physician group practice. The items which comprise the assessment have been structured to reliably measure your physician group's leadership against recommended governance practices. This report presents the assessment findings, representing how your physician group perceives its overall performance.

The results measure your board’s performance against 62 recommended governance practices, one overall effectiveness item, four overall rate items, and two open-ended questions. One or more of the recommended practices may not be applicable to your practice—depending on your board culture, the way you prefer to do business, and the way you prefer to do your board work. You will want to discuss these results as a board and determine what should or should not apply to your organization.

How This Report Is Organized

This report is organized into ten sections:

Fiduciary Duty of Care

Fiduciary Duty of Obedience

Fiduciary Duty of Loyalty

Quality Oversight

Financial Oversight

Strategic Direction

Board Development

Management Oversight

Community Benefit

Self-Regulation and Ambassadorship

If you would like more information about The Governance Institute’s Physician Group Practice Assessment, contact your Account Manager or call (877) 712-8778.

By completing The Governance Institute’s CEO Performance Evaluation, you have committed to a thoughtful review of the performance of your Chief Executive Officer. The items which comprise the assessment have been structured to reliably measure your CEO's performance and accountability against recommended performance measures. This report presents the evaluation findings, representing how your board perceives your CEO's overall performance.

One or more of the recommended performance measures may not be applicable to your organization—depending on your organization's culture and the way your CEO prefers to do their work. The findings included in the report are intended to serve as a conversation aid when discussing your CEO's performance with the appropriate parties at your organization.

How This Report Is Organized

This report is organized into three primary sections:

Top-Box Ratings for recommended CEO performance measures

Detailed Ratings for recommended CEO performance measures

Open-ended CEO contribution measurement questions

If you would like more information about The Governance Institute’s CEO Performance Evaluation, contact your Account Manager or call (877) 712-8778.

The Governance Institute hosts conferences and Webinars that offer current information, interactive sessions, expert speakers, and the opportunity to meet others with a similar commitment to improving governance and achieving optimal board performance.